14 Osprey Lane, Searsport, ME 04974 (MLS # 1633441)

PRICE $275,000 BEDS 2 BATHS 1 HOME SIZE 896 sqft LOT SIZE 26,572 sqft Request More Info Schedule a Showing

An exciting move-in-ready new construction, 14 Osprey Lane is a Cape-style home just a one-minute drive from downtown Searsport. Balancing value with energy-efficient features, the home has solar panels, heat pumps, and a tight thermal envelope, resulting in exceptional comfort and low or no utility bills for homeowners. This .61-acre property comes complete with energy-efficient appliances and is primarily built with Maine and regional materials, including cedar decking from Dewey's Lumber and pine clapboards, floors, and trim from Robbins Lumber. Other locally sourced building materials include triple-glazed windows by Mathews Brothers, wood-fiber insulation from TimberHP, and dimensional lumber from Hancock Lumber. Zero Energy Homes will sell the high-performance home to a year-round resident homebuyer earning 80 percent or less of area median income (AMI) for Waldo County. 14 Osprey Lane is a 2 bedroom, 1 bath, with 896 square feet of living area on the first floor. The second floor has 700 square feet of current storage and future living area and can be finished for 1 or 2 additional bedrooms/living space. It is set on a foundation with a partial basement built by expert Maine craftsmen. It is within walking distance to the Coastal Mountains Land Trust Mill Brook Preserve. Penquis Community Action Program originally developed the Osprey Lane subdivision as a neighborhood for workforce housing. The property is subject to two types of covenants: the Windward Estates subdivision covenants and affordability covenants held by Penquis Community Action Program. Affordability covenants ensure that when this house is sold in the future, it will be at a price that is accessible to another 80 percent AMI homebuyer. The covenants provide for the homeowner to build equity and realize a reasonable appreciation on the value of the property.